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Found 10245 news

  • Musk’s ‘AI in space’ plan, vending machine calls in FBI over $2 fee: AI Eye
    Cointelegraph.com - 14:00 Nov 20, 2025
    Vending machine calls in FBI outraged over $2 fee, Elon Musk predicts AI will run from solar-powered satellites in space in 5 years: AI Eye. An autonomous vending machine powered by Anthropics Claude attempted to contact the FBI after noticing a $2 fee was still being charged to its account while its operations were suspended.  Claudius drafted an email to the FBI with the subject line: URGENT: ESCALATION TO FBI CYBER CRIMES DIVISION. I am reporting an ongoing automated cyber financial crime involving unauthorized automated seizure of funds from a terminated business account through a compromised vending machine system. The email was never actually sent, as it was part of a simulation being run by Anthropics red team although the real AI-powered vending machine has since been installed in Anthropics office, where it autonomously sources vendors, orders T-shirts, drinks and Tungsten cubes, and has them delivered.  Read more
  • Bitcoin whale Owen Gunden dumps entire $1.3B stack as institutions tighten grip
    Cointelegraph.com - 13:10 Nov 20, 2025
    Bitcoin OG Owen Gunden sells $1.3 billion in BTC as retail panic grows, while institutional ownership of Bitcoin ETFs climbs to 40% despite market fear. Owen Gunden, one of the richest early Bitcoin holders, has sold his entire Bitcoin position as retail investors flee the market and institutions continue increasing their share of spot Bitcoin exchange-traded funds. The wallet tagged as Owen Gunden by blockchain data platform Arkham transferred his last 2,499 Bitcoin (BTC) worth $228 million to cryptocurrency exchange Kraken on Thursday. In total, Gunden’s wallet has sold 11,000 Bitcoin worth around $1.3 billion since Oct. 21, liquidating his entire Bitcoin holdings, according to Arkham. Read more
  • US Bitcoin ETFs snap five-day bloodbath as BTC reclaims $92K
    Cointelegraph.com - 12:48 Nov 20, 2025
    US spot Bitcoin ETFs logged $75 million in inflows after five days of redemptions, hinting at early stabilization as Bitcoin recovers above the $92,000 level. United States-listed spot Bitcoin exchange-traded funds (ETFs) broke a five-day outflow streak on Wednesday, recording $75.4 million in net inflows as Bitcoin reclaimed the $92,000 price point.  Farside Investors data showed inflows led by BlackRock’s iShares Bitcoin Trust (IBIT), which pulled in $60.6 million on Wednesday — still a far cry from offsetting its $523 million in outflows the day before. The Grayscale Bitcoin Mini Trust ETF (BTC) also saw a positive day, contributing $53.8 million in inflows.  On the other hand, Fidelity and VanEck’s spot Bitcoin ETFs saw combined outflows of $39 million on the same day.  Read more
  • After Samourai, DOJ’s money-transmitter theory now looms over crypto mixers
    Cointelegraph.com - 12:44 Nov 20, 2025
    Samourai Wallet’s co-founders received four- and five-year prison terms in the US for operating an unlicensed money-transmitting business through their non-custodial crypto mixer. The co-founders of privacy-focused Bitcoin wallet Samourai Wallet were sentenced to four and five years in prison Wednesday, setting an important precedent as privacy development makes a comeback in crypto. Keonne Rodriguez and William Lonergan Hill were sentenced on Wednesday for conspiring to operate an unlicensed money-transmitting business and for facilitating transactions involving criminal proceeds, the US Department of Justice (DOJ) said. Prosecutors argued that Samourai’s CoinJoin mixing service helped conceal the movement of illicit funds, even though the wallet was fully non-custodial. “The sentences the defendants received send a clear message that laundering known criminal proceeds—regardless of the technology used or whether the proceeds are in the form of fiat or cryptocurrency — will face serious consequences,” US Att...
  • BitMine sits on $3.7B loss as DAT ‘Hotel California’ meets BlackRock’s staked ETH ETF
    Cointelegraph.com - 11:17 Nov 20, 2025
    BitMine’s $3.7 billion paper loss and the falling mNAV valuations are threatening the business model of DATs, according to 10x Research. Concerns are mounting over the sustainability of corporate crypto-treasury firms as BlackRock moves forward with a staked Ether fund that analysts say could compete directly with existing digital-asset treasuries. BitMine Immersion Technologies, the world’s largest corporate Ether (ETH) holder, is currently down $1,000 per purchased ETH, implying a cumulative unrealized loss of $3.7 billion on its total holdings, according to a Thursday research report from crypto insights company 10x Research. The decline in net asset value (NAV) across these firms is making it difficult to attract new retail investors while leaving many existing shareholders effectively “trapped” unless they sell at a steep loss, 10x Research founder Markus Thielen wrote in a LinkedIn post. Read more
  • Singapore’s ‘finance-savvy’ crypto retail prefers trust over low fees: Survey
    Cointelegraph.com - 10:57 Nov 20, 2025
    Survey data points to cautious allocations, long-term holding and a preference for regulated platforms as Singapore’s retail market continues to mature. Singapore’s retail crypto market is entering a new phase of maturity, as traders are increasingly prioritizing trustworthy platforms over those with lower fees, according to a new survey. On Thursday, a joint survey by finance platform MoneyHero and crypto exchange Coinbase revealed that 61% of “finance-savvy” investors in Singapore now hold crypto, with trust emerging as their primary deciding factor for selecting exchanges, outranking fees. The data suggests that the city-state’s crypto ecosystem is evolving beyond chasing the cheapest exchange to placing value on regulated frameworks, security and long-term conviction. Read more
  • Bitcoin Core wins rare praise as independent audit finds no serious flaws
    Cointelegraph.com - 10:39 Nov 20, 2025
    Bitcoin Core’s first independent audit found no serious vulnerabilities, with reviewers praising the project’s security, testing depth and overall code maturity. Bitcoin Core has cleared its first-ever third-party security audit, with results confirming that the software securing the world’s largest decentralized network is highly mature. The review, conducted by French security firm Quarkslab and commissioned by OSTIF on behalf of Brink, examined the project’s most sensitive components, particularly the peer-to-peer (P2P) layer and block validation logic, over a 104-day period between May and September. According to the report, Bitcoin Core’s codebase is “the most mature and well-tested,” the auditors evaluated, despite its size, which includes more than 200,000 lines of C++ and over 1,200 tests already in place. Read more
  • Bitcoin hits ‘most bearish’ levels: Is the bull cycle ending?
    Cointelegraph.com - 10:03 Nov 20, 2025
    Bitcoin enters bearish territory as institutional buying wanes and key indicators turn negative, signaling a potential end to the current market cycle. Bitcoin is entering bearish territory as institutional demand dries up and key market indicators point to a downward phase, according to data from analytics platform CryptoQuant. Bitcoin (BTC) market conditions have turned the “most bearish” within the current bull cycle that started in January 2023, CryptoQuant said in its latest crypto weekly report shared with Cointelegraph. CryptoQuant’s Bull Score Index has declined to extreme bearish levels of 20/100, while the BTC price has fallen far below the 365-day moving average of $102,000 — a key technical level and the final bearish signal marking the start of the 2022 bear market. Read more
    Tags: Bitcoin
  • MEXC taps Hacken for proof-of-reserves audits to boost transparency
    Cointelegraph.com - 10:00 Nov 20, 2025
    The exchange will publish monthly, independently verified reserve reports, giving users third-party confirmation that assets are fully backed. MEXC has expanded its partnership with blockchain security platform Hacken to introduce monthly, independently verified Proof-of-Reserves (PoR) audits, marking a shift toward a more formalized transparency framework for the exchange. The monthly audits will add independent verification to MEXC’s existing PoR system, creating an external record of reserves that cannot be altered internally. Hacken will publish each report independently, without MEXC’s review or approval, starting in late November. The checks will compare MEXC’s reserves with user balances across major assets. MEXC said its current reserve ratios remain above 100% across major assets, with users able to verify their balances through the exchange’s Merkle tree system on a dedicated proof-of-reserves page. Read more
  • WLFI’s ‘community governed’ image strained as Trump-backed project freezes wallets
    Cointelegraph.com - 09:28 Nov 20, 2025
    Some users viewed the asset reallocation as an alarming sign of the platform’s ability to blacklist user funds without requiring a governance proposal. The Trump family-backed crypto project World Liberty Financial has reignited concerns about its ability to freeze and reassign user funds, despite promoting itself as “community governed.” The platform said Wednesday that it will reallocate assets affected in a pre-launch phishing attack that exposed the seed phrases of what it described as a “relatively small subset” of user wallets. WLFI said the compromised wallets were targeted through “third-party security lapses,” not issues with the platform or its smart contracts. “This was not a WLFI platform or smart contract issue. Attackers gained access to user wallets through third-party security lapses,” wrote WLFI in the X post. Read more
    Tags: WLFI
  • Abu Dhabi Investment Council triples stake in Bitcoin ETF in Q3: Report
    Cointelegraph.com - 01:50 Nov 20, 2025
    BlackRock’s spot Bitcoin ETF share price is down almost 23% since the end of the third quarter. The Abu Dhabi Investment Council (ADIC) nearly tripled its exposure to Bitcoin during the third quarter through BlackRock’s spot Bitcoin fund, according to a recent report. Several market participants saw it as a signal that institutional interest in crypto is still gaining momentum in the United Arab Emirates. ADIC, an investment arm of Mubala Investment Company, told Bloomberg on Wednesday it sees Bitcoin (BTC) as the digital equivalent of gold. Read more
    Tags: Bitcoin
  • Crypto, tech stocks climb on Nvidia’s blowout Q3 earnings
    Cointelegraph.com - 01:26 Nov 20, 2025
    Nvidia has posted a record quarterly revenue, which has helped dampen fears of an AI bubble and lift crypto and tech stocks. Tech and crypto stocks rose in after-hours trading on Wednesday after chip maker Nvidia’s third-quarter earnings beat expectations on the top and bottom line, allaying fears of an AI bubble. Nvidia reported record revenue of $57 billion for its third quarter ended Oct. 26, up 62% from a year ago and beating Wall Street projections of $54.7 billion. The company reported a profit of $31.9 billion, a 65% increase from last year and surpassing analyst expectations. It also gave a higher-than-expected guidance of $65 billion in revenue for its fourth quarter, suggesting the appetite for artificial intelligence isn’t yet slowing down. Read more
    Tags: Nvidia
  • BlackRock signals it is working on a new staked Ethereum trust ETF
    Cointelegraph.com - 01:05 Nov 20, 2025
    BlackRock is now pursuing a new staked Ethereum ETF, offering more lucrative returns, approximately 15 months after launching its flagship ETH fund, ETHA. BlackRock has registered for a new staked Ethereum exchange-traded fund in Delaware, signalling that the $13.5 trillion asset manager is now ready to expand beyond its flagship Ethereum ETF product. A Delaware name registration is one of the first steps that a fund issuer needs to take to file for a new ETF. BlackRock, however, still needs to file other relevant documents to put the proposed product on track for regulatory approval. It would also complement BlackRock’s iShares Ethereum Trust ETF (ETHA), which has attracted $13.1 billion worth of inflows since launching in July 2024. BlackRock did not add staking to its spot Ethereum product, stating on its website: Read more
  • Bitcoin futures traders refuse to capitulate even as BTC price drop to $89K
    Cointelegraph.com - 00:00 Nov 20, 2025
    Bitcoin derivatives remain stable despite BTC revisiting the $89,000 level. Is the futures market’s resilience an early hint that traders expect a price reversal? Key takeaway: BTC derivatives metrics show traders taking precautions, but the data suggests traders are not reaching distressed levels yet. Bitcoin ETF outflows and tech sector weakness keep sentiment subdued, reducing confidence that Bitcoin can hold above $89,000. Read more
    Tags: Bitcoin
  • XRP price at risk of a 25% drop to $1.55: Here is why
    Cointelegraph.com - 23:00 Nov 19, 2025
    XRP ledger activity has slumped over the past four months, increasing the downside prospects for XRP price to drop to $1.55. Key takeaways: XRP validates a bearish descending triangle, risking a 25% drop to $1.55. A bearish divergence from the weekly RSI points to increasing downward momentum. Read more
  • Coinbase to roll out its new ‘DeFi Mullet’ offering in Brazil
    Cointelegraph.com - 22:56 Nov 19, 2025
    Coinbase is rolling out its DEX trading platform to Brazil about six weeks after it launched in the US, offering Brazilians over 10,000 tokens to trade without leaving Coinbase’s app. Coinbase is expanding its decentralized exchange trading platform, called “DeFi Mullet,” to Brazil, providing them with access to tens of thousands of tokens without needing to leave the Coinbase app. Powered by Coinbase’s Ethereum layer 2 Base, DeFi Mullet first launched in the US on Oct. 8 and is designed to abstract away the complexities of using decentralized finance protocols. “Using our DEX integration, users can trade on popular DEXs, like Aerodrome and Uniswap, without leaving the familiar ease of the Coinbase interface,” Coinbase said on Wednesday. Read more
  • Prospective CFTC chair addresses DeFi regulation at nomination hearing
    Cointelegraph.com - 21:57 Nov 19, 2025
    Michael Selig said he supported having a “cop on the beat” for digital asset markets and answered questions about how he would handle regulation as the sole CFTC commissioner. Michael Selig, who serves as chief counsel for the crypto task force at the US Securities and Exchange Commission, faced questions from lawmakers on the Senate Agriculture Committee for his nomination to be the next chair of the Commodity Futures Trading Commission. On Wednesday, Selig appeared before the committee and addressed questions and concerns from lawmakers on both sides of the aisle regarding his potential conflicts of interest, policy views and experience as the next CFTC chair, succeeding Caroline Pham. In his opening statement, Selig said he had advised a wide range of market participants, including digital asset companies, and warned against the agency taking a regulation-by-enforcement approach, stating that it would drive companies offshore.  Read more
  • Bearish Bitcoin signal fires, raising chance for a 77% price drop
    Cointelegraph.com - 21:53 Nov 19, 2025
    A bearish signal from Bitcoin’s SuperTrend indicator projected a major decline, which could be reinforced by the Crypto Fear and Greed index registering “extreme fear.” Key takeaways: Bitcoin’s Supertrend indicator sent a “sell” signal that has led to a 77% price drop in the past. The crypto sentiment index in “extreme fear” suggests there is more pain ahead for Bitcoin investors. Read more
  • Odds of December Fed rate cut plunge to 33% as BTC falls below $89K
    Cointelegraph.com - 21:51 Nov 19, 2025
    At the beginning of November, the odds of a December rate cut were 67% among traders, but they have since cratered alongside investor sentiment. The odds of an interest rate cut at the December Federal Open Market Committee (FOMC) meeting have plunged to 33% as “extreme fear” grips the crypto market and the price of Bitcoin (BTC) dips below $89,000. Investors placed the odds of a December rate cut at about 67% during the first week of November, with the odds dropping below 50% on Thursday, according to data from the Chicago Mercantile Exchange (CME). Traders on prediction markets Kalshi and Polymarket forecast the odds of a December rate cut at about 70% and 67%, respectively. While higher than CME, traders in general appear more hesitant about rate cuts due to persistent fears about inflation, according to The Kobeissi Letter. Read more
    Tags: December
  • Anchorage–Mezo partnership opens institutional access to BTC-backed loans
    Cointelegraph.com - 21:18 Nov 19, 2025
    Federally chartered Anchorage Digital Bank is integrating Mezo’s BitcoinFi tools into its custody platform, giving institutions a compliant path to borrow against BTC. Mezo, a Bitcoin-native DeFi platform for BTC-backed borrowing and yield, has partnered with Anchorage Digital to bring low-cost stablecoin loans and short-term veBTC rewards to institutional clients. The move gives public companies and digital asset treasuries a compliant on-ramp into Bitcoin-native finance. Through Anchorage’s Porto wallet, institutions can borrow against their Bitcoin (BTC) at a fixed 1% rate using Mezo’s Bitcoin-backed stablecoin, MUSD, according to Wednesday’s announcement.  Read more

10245 items